Chapter 8 (section 8-1) discusses the deadweight loss from various types of tax plans. How would you change the tax system to promote equality, efficiency, and/or economic growth?
You may want to look at revising our current system, or you may want to look at alternative systems such as the VAT in Europe.
Note: To earn full credit for this graded discussion, post at least two times. First, post your own thoughts. This post should be substantial (containing at least 200-250 words). Next, respond to another student. Be polite, professional, and thoughtful. These posts should contain at least 100-150 words. All posts need to be in your own words. Any use of outside resources requires that you cite and reference your sources in APA format.